Advice for incoming ‘27 interns for getting a return offer?
I’ve spent most of this summer trying to have a life but found my way back onto this site and immidiately gave myself anxiety seeing all the doom and gloom about this summer’s return rates.
So, interns from this summer, if you got a return offer, what do you feel did it for you? If you didn’t, what was the feedback? Full times, why did you send the interns home that you did? Seeing all sorts of comments about feedback not making sense, how can I make sure that’s not me?
I think it rly depends on firm and group. I was told overwhelmingly positive feedback and then at the end I made a mistake and they weighed that pretty heavily. All I can say is I tried the very best I could and I think a. Lot of times you can prep as much as u can but at the end of the day life happens and it can be out of ur control. But that doesn’t mean u can’t increase ur odds of the return.
Anyone who says that u shouldn’t prep before the internship and that you’ll learn everything on the job is absolutely wrong. Please learn everything you can about the industry you’ll be working in like the back of your hand. Become an excel and POT WIZARD. Those two things will help you hit the desk a lot more confidently.
Ro’s are decreasing. They’re looking for reasons to cut people. My groups return was less than 50%. Good luck.
Ppt*
Thank you for the insight.
I've been a pot wizard since the 10th grade
i really wouldn’t worry so much personally! Very much subjective but from what I have heard, return rates are down because quality of interns are down. I have noticed that people are either incompetent (cannot do basic things like taking notes or prioritizing work) or socially very unaware, and those are the people who do not get the ro. I would focus on 1) putting your head down and not worrying abt others around you 2) get to know as many ppl as possible through coffee chats 3) doing the best job that you can on all the no brainer things (put time into your final project, don’t make the same mistake twice, respond to messages immediately, etc.)
I’m about 5 years removed from when I was an SA, and back then return offer rates were about 90%, and the other 10% found a role very quickly or were actively trying to find one during the internship. I would be lying if I said the numbers shouldn’t scare you from this cycle. It’s about as cutthroat as it’s ever been. Just make sure to stay on top of your shit. The junior year post sa offer hangover is real, and it can be easy to just completely neglect finance, but if you can stay sharp maybe two hours a week, that’s all you need. At the end of the day if you give it your all, that’s all you can ask for.
Thank you. Will do.
From a non target. I received a RO. All the stuff they said about me which gave me the RO I felt was pretty self explanatory and didn’t require skills…
FILO, Responsive, Work hard, Shoot the sh** with the bullpen, treat seniors with respect and their not your “bros”, get better every week, don’t make the same mistake twice. Ask good questions, not questions to ask questions.
Dolores repellendus et minima beatae. Ullam occaecati consequatur sed aspernatur adipisci quia aperiam. Quia eum aliquid tempora.
Officiis ratione quo blanditiis enim commodi. In sint sunt consectetur qui et ab et saepe. Voluptatibus voluptatibus error magnam error adipisci nulla molestiae. Alias quae earum quos fugiat autem accusamus magni qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...